Pride reduced! Bring your vision for this fantastic, level .36 acre Central Iowa building lot with well-built, multi-use 1500 sq.ft. ranch style building. Plenty of room for a house or addition onto existing structure. Water, electric, and new septic system already set up. Rough-in inspections completed for building/plumbing/electric. Building constructed in 1997, newer metal roof & new interior frame walls. Spray foam insulation inside roof for energy efficiency. One block from the city park and an outstanding BBQ restaurant. Driveway installed and property address already established. Easy commute to DSM/WDM metro area, Ames, Boone, and Ankeny. Listing agent/owner is a licensed realtor in the State of Iowa.
Active
Price cut: $5K (6/23)
$109,900
503 1st Ave, Luther, IA 50152
--beds
--baths
0.36Acres
Unimproved Land
Built in ----
0.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 98 days |
- 322 |
- 7 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Allen Goben 515-442-3586,
Stoney Oak Properties LLC
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6336869
Estimated market value
Not available
Estimated sales range
Not available
$1,232/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $109,900-4.4% |
Source:  NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
| 6/1/2026 | Price change | $114,900-4.2% |
Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
| 5/21/2026 | Price change | $119,900-4% |
Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
| 5/13/2026 | Price change | $124,900-2% |
Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
| 4/29/2026 | Price change | $127,500-1.8% |
Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
| 4/1/2026 | Listed for sale | $129,900 |
Source: NoCoast MLS as distributed by MLS GRID #6336869 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $810 +3.6% | $77,110 +13.5% |
| 2024 | $782 +34.4% | $67,951 |
| 2023 | $582 +3.6% | $67,951 +64.9% |
| 2022 | $562 -7.6% | $41,208 |
| 2021 | $608 -3.8% | $41,208 +0.2% |
| 2020 | $632 +102.6% | $41,120 |
| 2019 | $312 +9.1% | $41,120 +119.7% |
| 2018 | $286 +4.4% | $18,718 |
| 2017 | $274 +22.3% | $18,718 +15.1% |
| 2016 | $224 | $16,258 |
| 2015 | $224 | $16,258 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 50152
Nearby schools
GreatSchools rating
- 2/10United Community SouthGrades: PK-6Distance: 4.6 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 5.7 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 5.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Iowa
- Boone County
- Luther
- 50152
- 503 1st Ave
Nearby cities
Nearby zip codes
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